On December 17, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010. The Act includes “100-percent expensing” of investments in capital assets, such as business aircraft, purchased between Sept. 8, 2010, and Dec. 31, 2011.
To the General Aviation Manufacturers Association (GAMA), 2010 is proving to be a little worse than last year as far as shipments of aircraft are concerned, even as billings are up slightly. And many people are asking questions about that, said GAMA president and CEO Pete Bunce, and it is fairly easy to explain. “Most of the robustness is at the upper end of the spectrum of products that we have where profit margins are larger,” he said.
President Barack Obama nominated John Pistole as assistant secretary for the Department of Homeland Security, a position where he would also lead the Transportation Security Administration. Pistole’s nomination follows two previous failed attempts to fill the position over the past year. He currently serves as the deputy director of the FBI, a position he has held since October 2004.
President Barack Obama yesterday nominated John Pistole as assistant secretary for the Department of Homeland Security, a position where he would also lead the Transportation Security Administration. Pistole’s nomination comes after two previous failed attempts to fill the position over the past year.
DB Aviation, a Chicago-area FBO and charter operator based at Waukegan Regional Airport, has renamed its FBO DB Flight Center. The FBO added a 43,000-sq-ft hangar last year and recently added 11 jets to its charter/management fleet in various locations throughout the U.S. Waukegan Airport’s location outside the Chicago Class B airspace makes flying out of the airport much simpler. Onsite U.S. Customs is also available at Waukegan Airport.
Despite his role in the impeachment of President Clinton and support for Sen. John McCain in the election, former congressman Ray LaHood became the second Republican to sit in President Obama’s Cabinet when he was confirmed as Transportation Secretary in January. He succeeded Mary Peters, who served as DOT secretary from 2006 to 2009. LaHood retired from Congress in December at the end of his seventh term.
Two powerful members of the House aviation subcommittee are circulating a letter urging President Obama not to include general aviation user fees in the Fiscal Year 2011 budget.
For many years, J.A. Air Center was known solely for its maintenance and avionics services, which since 1975 have been housed at Dupage Airport in West Chicago, Ill.
Transportation Secretary Ray LaHood said during a speech at the U.S. Chamber of Commerce’s 8th Annual Aviation Summit on April 29 that he is open to discussions to include aviation in the Obama Administration’s proposal to create a multibillion-dollar transportation infrastructure bank, but claimed that he had not been approached with the idea.
Seventy mayors and county executives last month sent a letter to President Obama outlining the importance of general aviation to small towns and local economies across the U.S. In conjunction, Wichita mayor Carl Brewer released a separate letter to renew his call to invite the President to Wichita to witness firsthand the toll that the recent economic downturn has had on the “Air Capital of the World.”